RGCO-Services: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
RGCO-Services
Largest movements
- Tangible fixed assets +€94,480
up €94,480 (+6179.2%), from €1,529 to €96,009
of which Land and buildings: +€95,000
- Cash +€37,292
up €37,292 (+152.1%), from €24,514 to €61,806
mainly Debts after one year (+€90,278) and Net result for the year (+€26,781)
- Stocks and contracts +€6,902
up €6,902 (+298.8%), from €2,310 to €9,212
- Receivables within one year -€4,499
down €4,499 (-21.1%), from €21,368 to €16,869
- Debts after one year +€90,278
new in 2024: €90,278
- Reserves +€26,832
up €26,832 (+114.4%), from €23,446 to €50,278
- Tax, wage and social debts +€12,089
up €12,089 (+55.2%), from €21,887 to €33,976
of which Taxes: +€12,589
- Current portion of long-term debt +€4,722
new in 2024: €4,722
- Gross operating margin +€19,557
up €19,557 (+54.9%), from €35,618 to €55,175
- Depreciation +€14,041
up €14,041 (+1086.8%), from €1,292 to €15,333
- Taxes +€1,671
up €1,671 (+16.6%), from €10,083 to €11,754
- Financial charges +€626
up €626 (+3130.0%), from €20 to €646
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,721 | €183,896 | +€134,175 | +269.9% |
| Fixed assets | 21/28 | €1,529 | €96,009 | +€94,480 | +6179.2% |
| Tangible fixed assets | 22/27 | €1,529 | €96,009 | +€94,480 | +6179.2% |
| Land and buildings | 22 | - | €95,000 | +€95,000 | |
| Furniture and vehicles | 24 | €1,529 | €1,009 | -€520 | -34.0% |
| Current assets | 29/58 | €48,192 | €87,887 | +€39,695 | +82.4% |
| Stocks and contracts in progress | 3 | €2,310 | €9,212 | +€6,902 | +298.8% |
| Stocks | 30/36 | €2,310 | €9,212 | +€6,902 | +298.8% |
| Amounts receivable within one year | 40/41 | €21,368 | €16,869 | -€4,499 | -21.1% |
| Trade receivables | 40 | €21,368 | €16,869 | -€4,499 | -21.1% |
| Cash at bank and in hand | 54/58 | €24,514 | €61,806 | +€37,292 | +152.1% |
| Total equity and liabilities | 10/49 | €49,721 | €183,896 | +€134,175 | +269.9% |
| Equity | 10/15 | €27,446 | €54,227 | +€26,781 | +97.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €23,446 | €50,278 | +€26,832 | +114.4% |
| Distributable reserves | 133 | €23,446 | €50,278 | +€26,832 | +114.4% |
| Profit (loss) carried forward | 14 | - | -€51 | -€51 | |
| Amounts payable | 17/49 | €22,275 | €129,669 | +€107,394 | +482.1% |
| Amounts payable after more than one year | 17 | - | €90,278 | +€90,278 | |
| Financial debts | 170/4 | - | €90,278 | +€90,278 | |
| Amounts payable within one year | 42/48 | €22,275 | €39,391 | +€17,116 | +76.8% |
| Current portion of amounts payable after more than one year | 42 | - | €4,722 | +€4,722 | |
| Trade debts | 44 | €244 | €255 | +€11 | +4.5% |
| Suppliers | 440/4 | €244 | €255 | +€11 | +4.5% |
| Taxes, remuneration and social security | 45 | €21,887 | €33,976 | +€12,089 | +55.2% |
| Taxes | 450/3 | €21,387 | €33,976 | +€12,589 | +58.9% |
| Remuneration and social security | 454/9 | €500 | - | -€500 | |
| Other amounts payable | 47/48 | €144 | €438 | +€294 | +204.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,292 | €15,333 | +€14,041 | +1086.8% |
| Other operating charges | 640/8 | €779 | €673 | -€106 | -13.6% |
| Gross operating margin | 9900 | €35,618 | €55,175 | +€19,557 | +54.9% |
| Operating profit (loss) | 9901 | €33,547 | €39,169 | +€5,622 | +16.8% |
| Financial income | 75/76B | €2 | €12 | +€10 | +500.0% |
| Recurring financial income | 75 | €2 | €12 | +€10 | +500.0% |
| Financial charges | 65/66B | €20 | €646 | +€626 | +3130.0% |
| Recurring financial charges | 65 | €20 | €646 | +€626 | +3130.0% |
| Profit (loss) for the period before taxes | 9903 | €33,529 | €38,535 | +€5,006 | +14.9% |
| Income taxes | 67/77 | €10,083 | €11,754 | +€1,671 | +16.6% |
| Profit (loss) for the period | 9904 | €23,446 | €26,781 | +€3,335 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,446 | €26,781 | +€3,335 | +14.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.